201302388 - Laserfiche WebLink

Browse

201302388 2. GREEN MAINTENANCE COMMITMENT. Owner agrees to take all reasonable steps to use materials and practices that are broadly recognized as being practical, feasible and less harmful to the residents and the environment, to follow Green Operation in the operation of the Property, including cleaning, maintenance, and replacement tasks, and to generally select and make best efforts to use cleaning and maintenance products that are Green Components. 3. GREEN REHABILITATION. Owner agrees that Exhibit A to the Green Rehabilitation Escrow Deposit Agreement accurately reflects Owner's agreements for rehabilitation and significant additions, to be completed generally within twelve months after the Closing Date and otherwise as required in the executed agreement. With respect to Green Components, Owner further agrees to follow Green Rehabilitation in carrying out such activities, and to document its compliance with this requirement. 4. GREEN IMPLEMENTATION OF REPLACEMENTS. Owner has reviewed the replacement schedule used in the M2M restructuring. Owner agrees that it accurately reflects Owner's agreements for replacements. With respect to the Green Components, Owner agrees to replace various components with items broadly recognized as Green Components at such times as the useful lives of the existing components have expired. Owner agrees to document its compliance with this requirement. Owner further agrees to provide a copy of each request for reimbursement from the Reserves for Replacement Account (including supporting documentation) to an office designated by the Secretary for monitoring the Owner's compliance with the Green Commitments. 5. REGULATORY AGREEMENT ACKNOWLEDGMENT. The Owner acknowledges the existing Regulatory Agreement requirement to secure for the benefit of the project all available discounts, rebates, commissions and other savings, which includes securing for the benefit of the project any such benefits that are attributable to Green improvements. 6. RESIDENT INVOLVEMENT, OUTREACH AND INCENTIVE PLAN. Owner shall operate the Project in accordance with the Resident Involvement, Outreach and Incentive Plan, as approved by the Secretary. The Plan shall address the owner's plans for involving, training and incentivizing tenants in the prudent operation of a Project that benefits from having Green Components installed and that follows Green Operation. In developing the Plan, the Owner may rely on guidance from national organizations with a mission for improving the indoor environmental quality and incorporating energy and water saving components in their housing. 7. INTEGRATED PEST MANAGEMENT. Owner shall ensure that pest management activities are generally undertaken in accordance with Integrated Pest Management principles: (a) Periodic exterior inspection: identify and seal pest entry points. (b) Interior unit inspection: look for evidence of roaches, mice, and other pests, and if evidence is found, identify and seal pest entry points and notify the pest control firm. Is/12MileAgrraRevised for Green Initiative (October 2011) D-2 FRENCH VLLAGE